Overview of Important Events in Q2 2026 in the Russian Federation
In Q2 2026 in the Russian Federation, the following events occurred in the sphere of insurance (guaranteeing) of bank deposits, liquidation, financial recovery, and bankruptcy of credit institutions, as well as the functioning of the banking market:
1. State Corporation DIA will protect citizens’ deposits under housing savings contracts
Starting January 1, 2027, a new type of deposit for individuals – a housing savings contract – is introduced in the Russian Federation, establishing a separate deposit insurance limit of 10 million rubles per depositor in a single housing savings credit institution.
2. An electronic service for insolvency practitioners has appeared on the SC DIA website
SC DIA has launched a service on its website for opening a separate special account for credit institutions under liquidation that are not members of the deposit insurance system, in order to satisfy the claims of creditors of the respective credit institution.
3. Representatives of SC DIA held working meetings with colleagues from the Indonesia Deposit Insurance Corporation (IDIC)
During the visit to the Republic of Indonesia on April 28–29, 2026, the parties discussed topical issues of managing national deposit insurance systems; representatives of SC DIA shared experience in online payouts to depositors of liquidated credit institutions, and learned about the practices and development plans of IDIC as an insurer of Islamic financial products and a resolution authority for failed banks.
4. Deposit insurers from Russia, Uzbekistan, and Belarus exchanged experience in developing national savings guarantee systems
On April 14–16, 2026, at a seminar in Samarkand (Republic of Uzbekistan), representatives of deposit insurance organizations of the Eurasian region spoke about the practice of organizing and digitalizing insurance payouts in their countries and work to strengthen public trust in the deposit insurance system, as well as discussed the effectiveness of liquidation procedures for financial organizations.
5. Insured event: On April 10, 2026, the license of Bank RMP (JSC) was revoked
SC DIA was appointed to perform the functions of provisional administration. According to the bank’s reporting data as of March 1, 2026, the insurance liability for deposits at Bank RMP (JSC) is preliminarily estimated at 120.9 million rubles.
6. The Bank of Russia lowered the key rate twice
During Q2 2026, the Bank of Russia lowered the key rate twice, by a total of 75 bps – to 14.50% and 14.25% per annum, respectively.
7. Following discussions with the market and internal testing, the Bank of Russia published for public consultation the report “Refined Approach to Assessing the Economic Position of Banks”
In the new approach, the logic for determining the final classification group of a bank has been refined, and the number of indicators has been reduced. Key changes include moving away from a complex score-weighting system in favor of assessing the combined impact of risks on capital, as well as calculating the economic position assessment at the consolidated level. As a result, the methodology has become more precise, and its results are now easier to interpret.
It is planned that the new approach will start to be used from 2029.
8. The Bank of Russia published the results of the sociological study “Attitude of the Population of the Russian Federation Towards Various Means of Payment” in 2025
In 2025, Russians used cash more frequently both for daily transactions and for savings. At the same time, cashless payments continued to grow. Digital adopters chose convenient services for themselves: debit cards remained the most popular, the number of users paying via QR code through the Faster Payments System increased, and mobile and online banking ranked third in popularity.
9. The Bank of Russia published the results of assessing the level of satisfaction of citizens and business with payment services and calculating the digitalization index of the national payment system
The satisfaction assessment results show that citizens are generally satisfied with modern payment services and instruments. They rate highly fast and seamless payment and transfer methods requiring minimal actions, but consider payment systems for utilities, educational, and public services insufficiently convenient (when paying by card, full card details must be entered and the operation confirmed with a code).
For the first time, the Bank of Russia began calculating the “digitalization index” – a comprehensive indicator of payment market development that takes into account 15 components, including the degree of penetration of new technologies and business interest in their implementation, the range of payment services and their availability to the population, as well as the security and continuity of infrastructure.
Satisfaction Level Assessment Results
Digitalization Index Calculation Results
10. The Bank of Russia published the Concept for the Reform of Subordinated Instruments Regulation
The innovations are intended to enhance banks’ ability to independently restore capital adequacy under stress, as well as significantly expand their opportunities to raise subordinated debt by increasing its investment attractiveness.
Concept for the Reform of Subordinated Instruments Regulation
11. The Bank of Russia is considering creating a separate component within the digital ruble infrastructure – a commercial smart contract platform (CSCP)
The Bank of Russia published the Concept of the Commercial Smart Contract Platform, which will allow not only the Bank of Russia but also other market participants to develop scenarios for such contracts themselves, while citizens and companies will be able to select the most suitable offers depending on their needs. It is assumed that the Bank of Russia will act as the platform operator at the initial stage.
The concept also reflects approaches to ensuring the information security of the CSCP.
Concept of the Commercial Smart Contract Platform
12. The Bank of Russia published methodological recommendations to help financial organizations ensure information security when using artificial intelligence (AI) technologies
This is the regulator’s first document that systematizes the risks of using AI, describes potential attack tactics by intruders against AI systems, and provides recommendations on protective measures. One section of the document addresses information security when using AI services provided by third-party service providers.
The Bank of Russia also recommends that market participants develop their own threat models and information security policies for working with AI.
Methodological Recommendations
13. The Bank of Russia proposes increasing minimum capital requirements for banks
The Bank of Russia published on its website the material “Increasing the Minimum Capital Size of Banks: Consultation Paper”, under which minimum capital requirements for banks with a universal license are proposed to be increased from 1 billion to 3 billion rubles, and for banks with a basic license – from 0.3 billion to 1 billion rubles.
14. The Bank of Russia published a report on the results of public discussion on the report regarding the application of artificial intelligence in the financial market
The key directions for AI development in the financial market will be soft regulation and the creation of trusted platforms for data sharing. Market participants believe that the development of AI requires the availability of infrastructure solutions, high-quality data for training AI models, trust in the technology, and the creation of favorable regulatory conditions.
The Bank of Russia will continue to adhere to a technology-neutral approach that allows market participants to innovate and develop AI. In addition, the regulator considers it important to maintain the framework nature of cross-sectoral regulation of AI applications. This will allow accounting for the characteristics of various sectors, their current level of AI adoption, and sector-specific risks.
The market already adheres to the recommendations of the Code of Ethics in the Field of Artificial Intelligence. This year, the Bank of Russia, together with financial organizations, plans to prepare a collection of best practices for its compliance.
Market participants supported the Bank of Russia’s proposals to create trusted data-sharing platforms. It is expected that they will enable financial organizations to jointly train AI models to counteract fraud, assess risks, and improve client services.
The Bank of Russia will prepare proposals for regulating the activities of such platforms. The regulator will also work to remove barriers to using privacy-enhancing technologies in the financial market.
Report on the Results of Public Discussion of the Consultation Paper
